In a study whose purpose is to determine the market for a vitamin that is to be chewed like bubble gum, what is the first question to be answered before a sampling plan is selected?
A. Must the sample be representative of the population?
B. Who can perform the actual sampling?
C. What is the population or universe of interest?
D. How often should the sample be redesigned?
E. How large should the sample be in terms of its measurement costs?
Answer: C
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Company leaders that are not satisfied with the ruling of the full Federal Trade Commission (FTC) can appeal to the U.S. Court of Appeals. The danger in appealing to the Court of Appeals is:
A) the company does not have the opportunity to present oral arguments B) the cease and desist orders are normally upheld C) a company may be ordered to pay civil penalties D) the decision is not binding
________ are powers beyond express powers that allow a corporation to accomplish its corporate purpose
A) Cumulative powers B) Corporation codes C) Ultra vires acts D) Implied powers